Becoming a better entrepreneur

Entrepreneurs are insane, they take huge risks, put everything on the line – all for the sake of doing what they love – starting and building companies. To be an entrepreneur you have to be confident and know what it takes to make it happen – I love saying that! You can’t let anything stand in your way of getting things done…nothing.

And, these same traits that are necessary to be a great entrepreneur might also be holding you back from becoming even more than you thought you could be.

Let’s take a look at what might be holding you back and see what we can do to push you to be better.

You

You need to wake up each morning and look seriously in the mirror. The one who is going to hold you back is you. The first person you need to learn to lead is yourself. And, if you can’t lead yourself, how do you expect to cast vision and lead a team. You can’t. Look in the mirror every morning and get yourself in check.

A level entrepreneurs attract an A level team

If you think you are the shining star and you don’t need anyone else, then you suck. You deserve to have you ass beat and thrown out into the streets. Great entrepreneurs know that they need to surround themselves with the best and brightest team. The better the team the better the outcome.

Over the years I’ve built both A level teams and B and C level teams. Let’s just say the B and C level teams taught me a very valuable lesson: take the time to hire the best and don’t settle for anything less.

Communicate, communicate, communicate

A mentor use to tell me to always keep a high level of communication. He use to ream my ass everyday about communication to the point I finally learned. He beat it into me and I am so thankful he did.

If you want to piss people off, fail to communicate with them. This is no different at home with your wife or your kids. You need to communicate. Let your people know what’s going on, both good and bad – I’ve learned this lesson too.

Invest in creating a culture that communicates well and rewards for it too.

Built a family not just a team

Stop looking at your team as people who just make you money. Look at your team as if they were family. Care for them, love on them – not physically, and do what you can to always be there for them – that is what family does.

Always be understanding, put yourself in their shoes, and do what you can to help them pursue their goals and dreams. It’s not just a team that you should be building, you should be building a family.

——-

How about you? 

What can you do to be a better entrepreneur?